Global Master Repurchase Agreement: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (New term added as per Michelle 21/5/13) |
imported>Doug Williamson m (Added Michelle's ACT link) |
||
| Line 7: | Line 7: | ||
== See also == | == See also == | ||
* [[Repurchase agreement]] | * [[Repurchase agreement]] | ||
== References == | |||
1. http://tiny.cc/fqqhow | |||
Revision as of 10:52, 27 May 2013
(GMRA).
A framework agreement between the two parties to a repurchase agreement (repo), containing standard terms to apply to all the repo trades they enter into.
The GMRA saves the need to agree these terms and provisions every time a trade is transacted.
